Cryptocurrencies
Criminals May Ditch Bitcoin for Litecoin, Dash, Study Says
- Slow payments, high fees have led some to seek alternatives
- Almost one third of dark-web vendors now accept Litecoin
Bitcoin: What’s Coming in the Year Ahead
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It may seem like everyone from Grandma to Goldman Sachs Group Inc. has piled into Bitcoin in the past year, but there’s at least one group that’s looking for a way out: Criminals.
In the next six to 12 months, the most widely used digital coin is poised to lose its spot as a dominant payment method on the dark web, according to a study by cybersecurity firm Recorded Future. Its biggest competitors? Litecoin and Dash.